Zeus Arrests Won't End Fraud

Experts: Law Enforcement Won a Battle, Not the War

Linda McGlasson, Managing Editor

Authorities in the U.S. and Europe last week made a sweeping set of arrests, disrupting a large-scale, international cybercrime operation tied to the malware called "Zeus."

U.S. officials have charged 92 suspects believed to have been involved in cyber attacks that stole $70 million from bank accounts over the last four years. Meanwhile, authorities in London arrested 19 people who allegedly stole more than $9 million in just over three months using the same malware. Police in the Ukraine arrested five suspects on September 30.
But will 116 arrests make a dent into the international banking fraud being perpetrated via Zeus? Don't get your hopes up, say industry experts.

"While these arrests may make some think twice," says Robert Siciliano, an identity theft expert and McAfee consultant, "the vast majority of criminal enterprises will keep pursuing the millions to be made from flawed security systems."

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